Page 419 - City of Westlake FY20 Budget

Section12 Appendix
Ordinance to Adopt Budget

TOWN OF WESTLAKE

ORDINANCE NO. 892

AN ORDINANCE OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS,
REVISING THE BUDGET FOR THE 2018- 2019 FISCAL YEAR; ADOPTING THE BUDGET
FOR THE TOWN OF WESTLAKE, TEXAS FOR THE FISCAL YEAR BEGINNING OCTOBER
1, 2019 AND ENDING SEPTEMBER 30, 2020 INCLUDING INVESTMENT POLICY, PAY
PLAN POLICY, FISCAL AND BUDGETARY POLICIES, RESTRICTED, COMMITTED AND
ASSIGNED FUND BALANCES; PROVIDING AUTHORIZATION TO THE TOWN MANGER
TO APPROVE APPROPRIATED FUNDS UP TO $ 50,000; PROVIDING THAT THE BUDGET
TO BE KEPT IN CITY SECRETARY' S OFFICE; PROVIDING FOR A SEVERABILITY
CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, public notice of a public hearing on the proposed annual budget, stating the date,
time, and place and subject matter of the public hearing, was given as required by the laws of the State of
Texas and; and

WHEREAS, a public hearing was duly held and all interested persons were given an opportunity
to be heard for or against any item therein on September 23, 2019; and,

WHEREAS, as required by Texas Local Government Code 102.002, the budget officer has
prepared a municipal budget to cover the proposed expenditures of the municipal government for the
succeeding year; and,

WHEREAS, the Town Council finds that the passage of this Ordinance is in the best interest of
the citizens of Westlake.

NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF
WESTLAKE, TEXAS:

SECTION 1: That, all matters stated in the Recitals hereinabove are found to be true and correct
and are incorporated herein by reference as if copied in their entirety

SECTION 2: That the Town Council hereby adopts the revised budget for the fiscal year
beginning October 1, 2018 and ending September 30, 2019 as shown within Exhibit "A."

SECTION 3: That the Town Council does hereby approve the proposed Municipal Budget
attached as Exhibit "A", adopting the budget for the fiscal year beginning October 1, 2019 and ending
September 30, 2020.

SECTION 4: That the Town Council hereby gives the Town Manager authorization to approve
any appropriated funds up to the amount of $50,000.

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